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Lakeland Shores, MN Real Estate


According to census data in the year 2000 there were 116 housing units in Lakeland Shores. This represents a 5.5% growth from 110 in 1990.

Of those housing units, 116 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lakeland Shores is about 97.3%. Lakeland Shores's vacancy rate, including seasonal lodging, is about 3.4%. Average household size is 2.98 people.

The majority of houses, apartments or condos in Lakeland Shores were built after 1985.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6%
Two Bedrooms9.50%
Three Bedrooms50%
Four Bedrooms31%
Five Bedrooms or more3.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.05
Median year structure was built1985
Median Value of occupied units$217,500

Rented Homes, Apartments and Condos

Average Household Size0.67
Median year structure was built2000

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12.80%
Home Equity Loan14.70%
Simple Mortgage47.70%
Debt Free24.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%